#CEXvsDEX101 CEX stands for Centralized Exchange and DEX means Decentralized Exchange. In CEX, a company controls the platform, like Binance or Coinbase. It's easy to use and good for beginners but you don’t fully control your funds. In DEX, like Uniswap or PancakeSwap, there’s no middleman—you trade directly with others and keep control of your wallet. CEX offers better speed and customer support, while DEX gives more privacy and freedom. Both have pros and cons. CEX is trusted by many, but DEX is better for those who want control. Knowing both helps you choose what’s right for your trading style.